Show VANDERBILTS WANT IT j f Eiger to Gain Control of the I Unon Pacific 13cfi F Would Also Be Willing it is Said to Take in theicehtral Pacific and Thereby Get a Through < Route to the Coast COit New York Jan 14The Herald says Reports were in circulation last night that the Union Pachjc reorganization committee having nffiv within its control con-trol nearly all of thcfbonds and stocks of the company by mans of the agreement agree-ment under which thy were deposited are ready to bid a tail sum for the road from Omaha t < gden The pro gramme is said to tje to take up the government bonds t both the Union and Central Pacific reads so as to give them a through line to the oast According Ac-cording to the report the support of the Vanderbilts and jJ Pierpont Morgan Mor-gan is expected to beobtained In fact if it is carried out they may head the syndicate that furnishes the necessary capital for thereby Jthe Vanderbilt roads would secure a through line from Omaha to San Francesco This would give a continuous sjygem from Boston and New York to me Pacific coatI coat-I and it would constitute the strongest system in the country The Vanderbilts are said to be really i in earnest in their desire to absorb the I Pacific roads although when the report j was circulated a year ago it was denied de-nied by Chauncey M Dcpew and others closely identified with the Vanderbilt I I family I No confirmation was obtainable last I I confrmaton I night but in the opinion of railroad I men the presence of two recognized Vanderbilt men on the Union Pacific I I reorganization committee is very significant I According to Washington dispatcnes similar reports were in circulation there last night about theplans of the Union Pacific reorganization committee and the supposed intentions of M Morgan and the Vanderbiits Washington advices stated that while it is the intention of the president to make a vigorous effort to secure some sort of settlement with these roads before be-fore March 4 AttorneyGeneral Harmon Har-mon is not yet ready to institute foreclosure fore-closure proceedings Many facts remain re-main to be gathered before the department depart-ment can be assured of its ground such as information i concerning the titles to branch lines terminals and more particularly as to the prospect of there being a satisfactory bid for the roads in case of a curb auction sale Meanwhile 11 Huntington is active in Washington He has not yet abandoned aban-doned hope of securing some legislation legisla-tion at this session of congress and I the understanding is that the committee commit-tee on Pacific railroads will at once prepare a bill containing Mr Hunting tons second offer to the government Mr Huntington is struggling to reach some sort of a settlement that will leave him in control of the Central Pacific Pa-cific and officials of the administration administra-tion will not be surprised if before Mr Cleveland goes out of office he should offer terms very favorable to the government 1 ernment I |